Online B2B e-Marketplaces
Industry & Technology 
Glossary

E-marketplaces, which provide fertile ground for B2B e-commerce, offer several transaction mechanisms:

  • Reverse Auction

    • Sometimes called a bid system, reverse auctions involve a single buyer that invites multiple suppliers to bid on a contract.

    • Example of Procedure (variations are possible):

      • Buyer Posts a Purchase Request

      • Buyer Selects Time Frame For Auction

      • Sellers Bid On Purchase Request – New Bids Going Lower and Lower

      • Auction Ends

      • Buyer Contacts Seller Directly to Purchase Product or Service

  • Exchange

    • A virtual B2B community in which multiple buyers and sellers continually negotiate prices.

  • Aggregation

    • A virtual B2B community in which multiple buyers and sellers exchange goods based on fixed prices

Online B2B Marketplaces

Europe

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MachinePoint is a UK Internet-based company that brings together all those who want to buy or sell second-hand machinery in the plastic sector.

It comprises a revolving average of more than 1,700 plastics industry related machines and equipment, including complete plants and production lines. It draws in all of the elements of the pre-owned machinery business, shortening search time and reducing transaction costs. The top 6 topics: Extruders, Injection Moulding, Blow Moulding, Thermoforming, Printers, Recycling.

Equipment can not only be located, a purchaser can also arrange for machinery to be surveyed, refurbished to specification if required, insured, transported, installed and maintained.

Goto: Machinepoint

GoIndustry offers an international multi-lingual Internet trading platform for used and surplus equipment. The company currently has about 100 employees from over 20 countries with branches in Munich, London and Paris. Focus and Bain & Company ranked GoIndustry fourth among the top 25 German eCommerce businesses. The UK’s Sunday Times ranked GoIndustry 19th among the top 100 European eCommerce businesses.

GoIndustry.com is a pan-European business-to-business e-commerce company, whose Internet platform brings together buyers and sellers of surplus industrial equipment and inventory. The marketplace offers customers a Web trading platform where they can interact in several languages using a variety of currencies to complete transactions.

 Gotot: Goindustry


Within the period of only 18 months, the Hamburg Internet auctioneer ricardo.de has developed to be Europe`s most important online auctioneer with 500,000 registered members in Germany, Great Britain, The Netherlands, Austria and Switzerland now offering nearly 300,000 items for sale. The B2B area of the auctioneer, ricardoBIZ.com, went online in the middle of January, starting with nine auction sites.

Goto: Ricardobiz


i2i is the industrial strength e-marketplace where businesses can conduct complex transactions easily and confidently. The company began as a vision of Professor Klaus Schwab, President and Founder of the World Economic Forum and was launched at the WEF's 1999 Annual Meeting in Davos, Switzerland. i2i has offices in North America, Europe and Asia.

i2i partnered with several companies in their respective industries to safely manage every step of the trade online. Among the global partners, SGS and Bureau Veritas handle the inspection of goods, Danzas covers logistics and transportation, and Deloitte Touche Tohmatsu takes care of import/export and taxation issues. 

i2i also has a partnership with SAP. Through mySAP.com, customers can integrate their company's enterprise business systems (accounting, manufacturing, and inventory operations) with i2i's Web based trading platform.There are three transaction methods: classified, auctions, and real time bid/ask exchanges within and across industries. 

Goto: IndustrytoIndustry


Sears Roebuck and Carrefour, two of the world's largest retailers, launched GlobalNetXchange, a Web exchange for the global retail goods marketplace. Other participants include Kroger, METRO AG, and J Sainsbury. The site is also available in Dutch and French.

Goto: GlobalNetXchange

DoveBid's online auctions offer used capital assets in 19 worldwide vertical markets including biotech and lab equipment electronics; computers; maintenance; electronic test and measurement; metalworking and machine tools; printed circuit board fab and assembly equipment; semiconductor fab equipment; and telecommunications equipment.

Buyers and sellers can participate in a variety of auction types, including continuous 24x7 auctions, Featured Online auctions and live Webcast auctions.

Goto: Dovebid

Online B2B Marketplaces
Worldwide

The High-Tech Exchange is a B2B marketplace for components and parts for the computer/electronics industry. Currently the transactions involve six global multinational companies, and trades are conducted across the U.S., Central America and Europe. Participants: Agilent Technologies, AMD, Canon, Compaq, Gateway, Hitachi, Hewlett-Packard, NEC, Quantum, Samsung Electronics, SCI Systems, Solectron, Synnex, Tatung and Western Digital.

Goto: The High-Tech Exchange

Covisint is an automotive procurement and supply chain system formed by Ford, General Motors and DaimlerChrysler. Other large automakers, including Nissan and Renault, have also signed up. Covisint planning continues at the temporary location in Southfield, Michigan. The planning team expects to establish offices in Europe and Japan.

Goto: Covisint

ChemConnect is a global e-marketplace for all types of chemicals, plastics and industrial gases. Manufacturers, buyers, and intermediaries, around the world, use ChemConnect's World Chemical Exchange, an open, neutral market, to find trading partners, negotiate pricing and complete transactions online.

ChemConnect's 85 Charter and Corporate Members account for more than 55% of worldwide chemical sales. Founded in 1995, ChemConnect is headquartered in San Francisco, with offices in Frankfurt, Houston, London, Paris Philadelphia, Rotterdam, and Singapore.

Goto: Chemconnect